The Stepladder Foundation A Charitable Incorporated Organisation Charity Registration No 1156906 Trustees’ Report and Accounts For the year 1 Oct 2019 to 30 Sep 2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 ## **REFERENCE INFORMATION** Charity Name The Stepladder Foundation Trustees Oliver Dunn Louise Francis Saher Shah Melis Beysal Anneliese Amoah Registration Number 1156906 Chief Executive Alison Jones Contact Office Clanra Phoenix Lane Ashurst wood West Sussex RH19 3QZ Telephone: 01342 824178 e-mail: info@thestepladder.com Website: www.thestepladder.org Independent Examiner Not Required Bank The Co-Operative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT P a g e | **2** 22-07-2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 Contents 1 Summary .............................................................................................................................................. 4 2 Objectives and Activities ...................................................................................................................... 4 2.1 Public Benefit Statement .............................................................................................................. 4 3 Achievements and Performance in the Year ....................................................................................... 5 3.1 Overview ....................................................................................................................................... 5 4 Structure, Governance and Management ........................................................................................... 5 4.1 Governing Document .................................................................................................................... 5 4.2 Recruitment and Appointment of Trustees .................................................................................. 5 4.3 Trustee Induction and Training ..................................................................................................... 5 4.4 Risk Management ......................................................................................................................... 5 4.5 Organisational Structure ............................................................................................................... 5 4.6 Related Parties .............................................................................................................................. 5 4.7 Management Committee .............................................................................................................. 5 4.8 Accountant/Auditor ...................................................................................................................... 5 5 Financial Review ................................................................................................................................... 6 5.1 Funding Sources ............................................................................................................................ 6 5.2 Investment Policy .......................................................................................................................... 6 5.3 Reserves Policy .............................................................................................................................. 6 5.4 Plans for Future Periods ................................................................................................................ 6 6 Independent Examiner’s Report .......................................................................................................... 6 7 Statement of Financial Activities.......................................................................................................... 6 8 Declaration ........................................................................................................................................... 7 P a g e | **3** 22-07-2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 ## 1 Summary During the period of the report the charity investigated several potential funding options but unfortunately none came to fruition. The year’s costs therefore reflect that activity. This report follows the guidance as outlined in the Charity Commission Guidance document CC15c. ## 2 Objectives and Activities ## **Purpose and Aim** The charity’s purpose is set out in the CIO Constitution: - Promotion of Education - To advance the education of the public in the subject of enriching GCSE and 'A' level studies. - • To advance the education of the pupils by providing and assisting in the provision of facilities not required to be provided by the local education authority for education in schools. ## **The focus of our work** During the period of this report the focus of the effort was on investigating sources of funding. ## 2.1 Public Benefit Statement As defined in the constitution: For the public benefit to promote the education (including social and physical training) of people under the age of 25 years in such ways as the charity trustees think fit, including by: 1. providing their education (including the study of music or other arts) or to prepare for entry to any occupation, trade or profession on leaving any educational establishment. To assist in such ways as the charity trustees think fit any charity in the UK whose aims include advancing education of persons under the age of 25 years by developing their mental, physical and moral capabilities through leisure time activities. P a g e | **4** 22-07-2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 ## 3 Achievements and Performance in the Year ## 3.1 Overview During the period of the report most of the work of the charity has been pro-bono, carried out by volunteers. This has included face to face work with students, work at Cambridge University, and meetings with potential corporate funders. Barratt Development donated £10,000 and Girton College Cambridge £2000, other smaller donations totalled 3682.50. Stepladder are in negotiations with Deloitte Digital to provide approximately £50,000 over 2 years. With these donations the charity is preparing for a fully funded programme with young people planned to start in late 2021. Three new trustees were appointed who have a varied background and will provide significant expertise to the running of Stepladder. ## 4 Structure, Governance and Management ## 4.1 Governing Document The charity is a Charitable Incorporated Organisation (CIO) and was registered on the 2nd May 2014. ## 4.2 Recruitment and Appointment of Trustees The trustees who served during the year were: - Oliver Dunn (Chairman) - Louise Francis - Saher Shah - Melis Beysal - Anneliese Amoah The trustees can be in place for up to four years. ## 4.3 Trustee Induction and Training The current trustees are familiar with the function of the charity and have been involved in previous similar schemes. The definition and creation of policy and procedure in this area is to be developed. ## 4.4 Risk Management There is a risk register and where appropriate, systems or procedures have been established to mitigate the risks the charity faces, notably for Child Protection and Disclosure and Barring Service (DBS) checks. The charity is insured for public liability as the need arises. ## 4.5 Organisational Structure The organisation is small, aside from the trustees there is an Operations Team which for this year was reduced to the CEO and a part-time unpaid administrator. ## 4.6 Related Parties There are no directly related parties. However, the charity is guided by national educational and child protection policies. P a g e | **5** 22-07-2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 ## 4.7 Management Committee The operational management meet quarterly to review the performance of the programme and ensure good governance. The Chief Executive has delegated authority for operational matters. ## 4.8 Accountant/Auditor Not used. ## 5 Financial Review ## 5.1 Funding Sources Funding was provided as shown in the tale below: ## **Donations** |**Donations**|| |---|---| |Barratt Development
Girton College Cambridge
Virgin Money
**Total**|**£**
10000
2000
683| ||**12683**| There are no custodian trustees. There are no “grant-making” nor investment activities. At the request of HMRC a submission was made for Corporation Tax for 2019-2020 ## 5.2 Investment Policy For the period of the this report no investments were made. ## 5.3 Reserves Policy For the period of the this report no reserves were held. ## 5.4 Plans for Future Periods There are plans for a Stepladder Programme in a London Borough and work at a major university to start in Autumn 2021. A Development Day for students has taken place at The Forest Academy in LB Redbridge (9[th] July 2021). Stepladder is further developing the association with Barratt and finalising details of that Deloitte Digital will provide. A full programme is planned to run from September 2021 through to 2023. ## 6 Independent Examiner’s Report Not required P a g e | **6** 22-07-2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 ## 7 Statement of Financial Activities ## **The Stepladder Foundation Statement of Financial Activities For the year ended 30 September 2020** |Incoming Resources
Starting Balance
Donations
Resources Expended
Charitable Activities
Net Income
Total funds carried forward for 2018-2019
**Balance Sheet as of 30 September 2020**
Fixed Assets
Current Assets
Total Funds
**Staff**
Chief Executive
Administrative Support
**Total**
**Total payroll costs**
CIO (part time, 3 day week)
**Total**|**£**
0
213.83
12682.5
127.27
2000
10769.06
10769.06
**£**
0
10769.06
10769.06
1
1
**2**
**£**
0
**0**| |---|---| NOTE: no payroll (PAYE) running P a g e | **7** 22-07-2020 **The Stepladder Foundation** Trustees’ Report 2019-2020 ## 8 Declaration The trustees declare that they have approved the trustee’s report above. Signed Date 12 08 2021 Oliver Dunn Chair of Trustees P a g e | **8** 22-07-2020 **The Stepladder Foundation 1156906 Receipts and payments accounts For the period** Period start date **To from** 01/10/2019 **1156906** Period end date 30/09/2020 ## **CC16a** ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**10,000**
**2,000**
**682**
**-**
**-**
**-**
**-**
**-**
**12,682**
**-**
**-**
**-**
**12,682**
**2,000**
**127**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2,127**
**-**
**-**
**-**
**2,127**
**10,555**
**-**
**-**
**10,555**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**|**Total funds**
**to the nearest £**
**10,000**
**2,000**
**682**
**-**
**-**
**-**
**-**
**-**
**12,682**
**-**
**-**
**-**
**12,682**
**2,000**
**127**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2,127**
**-**
**-**
**-**
**2,127**

**10,555**|**Total funds**
**to the nearest £**
**10,000**
**2,000**
**682**
**-**
**-**
**-**
**-**
**-**
**12,682**
**-**
**-**
**-**
**12,682**
**2,000**
**127**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**2,127**
**-**
**-**
**-**
**2,127**

**10,555**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Barrett Development|**10,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**10,000**||**-**| |Girton College Cambridge|**2,000**|||**2,000**||**-**| |Donations via Virgin Giving|**682**|||**682**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**12,682**|||**12,682**||**-**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**||**-**
**-**
**-**|**-**||| ||**-**|||**-**||**-**| |**_Sub total_**|**-**|||**-**||**-**| |**_Total receipts_**
**A3 Payments**||||||| ||||**-**|**12,682**||**-**| |||||||| |consultingand Mentoringfees|**2,000**||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2,000**||**-**| |computingmaterials|**127**|||**127**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| ||**-**|||**-**||**-**| |**_Sub total_ **|**2,127**|||**2,127**||**-**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**||**-**
**-**
**-**|**-**||| ||**-**|||**-**||| |**_Sub total_ **|**-**|||**-**||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| ||||**-**|**2,127**||**-**| |||||||| ||**10,555**|**-**|**-**|
**10,555**||**-**| ||**-**|**-**|**-**
**-**|**-**||**-**| ||**-**|**-**||**-**||**-**| ||**10,555**|**-**|**-**|**10,555**||**-**| CCXX R1 accounts (SS) 10/08/2021 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
**B3 Investment assets**
**B2 Other monetary assets**
**B1 Cash funds**|Signature
**Details**
**Details**
**Details**
**Details**
COOP BANK (Deltailed in TAR)
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**10,555**
**-**
**-**
**-**
**-**
**-**
**10,555**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
OLIVER DUNN|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||OLIVER DUNN|| ||||| CCXX R2 accounts (SS) 10/08/2021 2